$PENGU Explosive Move 💥
#PENGU has shown an aggressive upside breakout across all timeframes — but can the rally sustain or is a healthy correction due?
1 Hr & 15Mins Chart: Cooling Off at Resistance
Clean bullish structure with MA7 > MA25 > MA99 > MA200
Minor lower highs forming on 15M — suggesting local exhaustion
Still holding above short-term support $0.031–$0.030
If support breaks, retracement toward $0.027–$0.028 is likely
1Day Chart: Full Trend Reversal
Reversal confirmed from the bottom $0.00369 → $0.033+ — over +790% gain
MA7 has flipped bullishly above all key MAs
Currently consolidating around $0.033 after tapping $0.03489
Key Levels to Watch:
Resistance: $0.0349 (Recent top), then $0.0396 and $0.047
Support zones: $0.030 → $0.027 → $0.024
Trend invalidation: Below $0.020
Conclusion:
⚡ Massive run-up likely driven by hype or low-cap momentum
🔁 Expect consolidation or mild retrace before another move
📈 Still bullish unless $0.027 fails